No, I don't think so. More demand also cause prices to rise. Also, recent buyers who bought will want to hold up prices. So do those who have owned them for longer periods. I think with the influx of foreigners, those getting PR and citizenships, are also buying into houses, so unlikely prices will ease.
Now...if only I had bought more houses in the earlier years... I could have retired by now.
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Remembering how Ardmore Park was $4m+. It's now $12m...
